Tenax Therapeutics' (TENX) CEO John Kelley on Q4 2015 Results-Earnings Call Transcript.
Answer Wiki. I honestly don't think there's a plus to a debit card. It's not as secure as credit (if you get theft ed say goodbye to your money), there's no perks, and there could be potential fees (overdrafting, etc). Other then getting money from ATMs, I can't think of a reason to use them. The minus for credit is the ease of debt.
Why would a balance sheet list current liabilities as negative amounts? Some accounting software will use minus signs or parentheses to indicate credit balances, while positive numbers indicate debit balances. The accounting software will usually have an option to print the liability account balances on the balance sheet without the negative signs. Look in a formatting section of the software, the balance sheet section, financial statements, or chart of accounts. If only one liability account has a negative sign, it is possible that the liability account has a debit balance. For example, if the account Interest Payable had a credit balance of $600, and subsequently a payment of $605 was recorded in the account, the account Interest Payable will have a debit balance of $5.